Credit After Bankruptcy

We are bankruptcy attorneys located in Middletown, Ohio.  We specialize in Chapter 7 and Chapter 13 bankruptcy filings.

Struggling with debt?  Exhausting your funds trying to get out of debt? Borrowing from Peter to pay Paul every month.  Avoiding the collection calls and checking the mailhands.  Many know that they are struggling and at the end of their rope, but are just scared to file for bankruptcy.  Filing could solve many of these financial difficulties, but they are afraid that if they file they will ruin their credit for the rest of their lives.  This is simply not true.  Actually just letting things go will ruin their credit more than filing. Just letting the debt go will result in court proceedings and judgments on credit reports. These judgments will stay on the credit report for as long if not longer than a bankruptcy, as a judgment will stay on the credit report until it is satisfied and will also continue to accrue interest.  Even once you do satisfy the judgment it will show on the credit report as satisfied.  This will still let creditors know that you have had financial difficulty and they will judge you on this basis.

BUILDING CREDIT AFTER FILING FOR BANKRUPTCY

It will not be difficult to re-build your credit after a bankruptcy filing.  Any debt that you keep (such as a home or vehicle) will automatically report on your credit report and start to re-build your credit score.  The important thing is to pay all debts on time and do not have any debts go to collection after a bankruptcy filing.  You can even qualify to buy a home two years after a bankruptcy filing, with a good clean report.  You will be surprised at the amount of credit card offers you will receive after filing.  Creditors also know that you cannot file again for quite some time and are therefore willing to offer more credit.

Filing for bankruptcy does not mean that you are a bad person, just a person in a bad financial situation. Filing for bankruptcy protection will help you out of that bad financial situation and hopefully you will not have to experience the situation again.  We are here to walk you through the process and make it as easy as possible for you to go through. Our attorneys have a combined experience of over 40 years and will be able to make filing seem simple and stress free.

HOW TO GET STARTED

At our law office we will offer you a free consultation.  At this free consultation you will be able to sit down with one of our experienced attorneys and discuss your case.  The attorney will then be able to advise you if bankruptcy is the best option for you and quote you a fee for the images6services.  If you decide to move forward a small retainer will get things started and we will then accept monthly payments until your fees are paid and we would then file your case. Your court date will be approximately 6 weeks out from your filing date.  Once your case is filed all of your creditors will be notified by the court by US mail, they will no longer be allowed to collect on these debts in any manner.

MORE INFORMATION

For more information check out our website at www.middletown-bankruptcy.com or call 513-422-2994 today for your free consultation to get a jump on your fresh financial start.  We are your Middletown, Ohio bankruptcy attorney.